41,250,000 Common Shares of Tanachira Retail Corporation Public Company Limited are subject to a Lock-Up Agreement Ending on 18-APR-2024.
April 17, 2024
Share
41,250,000 Common Shares of Tanachira Retail Corporation Public Company Limited are subject to a Lock-Up Agreement Ending on 18-APR-2024. These Common Shares will be under lockup for 184 days starting from 17-OCT-2023 to 18-APR-2024.
Details:
165,000,000 shares or 55% of total shares after the initial public offering (the total shares as of the first trading day on the Stock Exchange are 300,000,000 shares) are deposited to Thailand Securities Depository Company Limited (?TSD?) for one year (silent period), of which 41,250,000 shares, equalling to 25% of total shares under the lock-up period, can be gradually sold upon the completion of six-month period as from the first trading day; and the remaining 123,750,000 shares can be sold upon the completion of one-year period as from the first trading day.
Tanachira Retail Corporation Public Company Limited is a Thailand-based company. The Company is principally engaged in the distribution of diamond jewelry, gemstone jewelry and gems. Its segments include jewelry; leather goods, bags, shoes, clothes, furniture, and home decorations; import, export and distribution of clothing, bags and miscellaneous goods; and incense. The jewelry segment is engaged in the distribution of diamond jewelry, gemstone jewelry and gems. The incense segment is engaged in the distribution and export of incense, skin care products and provision of spa services. It operates brands, such as Cath Kidston, Marimekko, PANDORA, HARNN, VUUDH, and HARNN Wellness and Hospitality. Cath Kidston is a life and style brand with a presence in over 40 countries and a global digital business. Marimekko is a Finnish lifestyle design company, and its product portfolio includes clothing, bags and accessories, and home decor items ranging from textiles to tableware.